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Unum UNM Unum International — Deferral of Acquisition Costs

Other segment segments

Colonial Life
$90.6M+8.4%
Unum US
$89.7M+4.7%
Closed Block
$0
Corporate
$0

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$179M+2.9%

Other financials

Income statement

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Revenue$3.4B+0.3%
Operating income$501.8M+2.4%
Net income$256.9M-23.5%
EPS (diluted)$1.61-16.1%

Balance sheet

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Cash & equivalents$199.2M-83.3%
Total debt$3.8B+0.5%
Total equity$10.8B-4.5%
Total assets$63.5B+1.0%

Cash flow

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Operating cash flow$503.5M+44.7%
CapEx$29.2M+4.7%
Free cash flow$474.3M+48.2%

Valuation

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Market cap$14.1B+17.5%
Enterprise value$17.67B+21.4%
P/E20.1×+12.2×
P/S1.1×+0.1×

Profitability

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Net margin5.3%-6.5pp
FCF margin11.2%+1.4pp

Returns & leverage

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Return on equity6.4%-7.6pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Unum in its filing.

Tagged under the XBRL concept unm:DeferralOfAcquisitionCosts.

The source filing: Unum’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:25 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000005513-26-000075
Line itemUnum USUnum InternationalColonial LifeClosed BlockCorporateTotal
Policy Benefits - Remeasurement Loss (Gain)(29.1)6.9(8.0)40.210.0
Commissions213.729.2106.914.5364.3
Interest and Debt Expense53.353.3
Deferral of Acquisition Costs(89.7)(7.1)(90.6)(187.4)
Amortization of Deferred Acquisition Costs70.92.761.8135.4
Other Segment Items1,2419.458.495.576.29.8659.3
Benefits and Expenses1,750.3309.9396.5504.065.43,026.1
Segment Adjusted Operating Income (Loss)$329.6$24.3$131.4$(75.4)$(44.5)$365.4

Item 1. Financial Statements (Unaudited):

FAQ

What is Unum's unum international — deferral of acquisition costs?
Unum (UNM) reported unum international — deferral of acquisition costs of $7.1M in Q2 2026.
How has Unum's unum international — deferral of acquisition costs changed year-over-year?
Unum's unum international — deferral of acquisition costs increased by 26.8% year-over-year, from $5.6M to $7.1M.
What is the long-term trend for Unum's unum international — deferral of acquisition costs?
Over 2 years (2023 to 2025), Unum's unum international — deferral of acquisition costs has grown at a 22.8% compound annual growth rate (CAGR), from $14.6M to $22M.
What does unum international — deferral of acquisition costs mean?
This represents the portion of acquisition costs, such as commissions and underwriting expenses, that are capitalized and amortized over the life of the insurance policies. It reflects the company's strategy to match expenses with the revenue generated over the policy term.

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